The board of trustees shall also determine from time to time the rate or rates of regular interest for use in all calculations, except as otherwise provided, which rate shall be subject to the approval of the council on pensions and insurance.
Tenn. Code Ann. § 8-34-505
Rate of interest
Acts 1972, ch. 814, § 6; 1978, ch. 741, § 5; T.C.A., § 8-3928; Acts 1982, ch. 771, § 2.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.